Penalty u/s 271G – Failure to maintain documents and accounts ...
Penalty u/s 271G Overturned; Assessing Officer Directed to Use Sections 271AA or 271BA Instead.
January 7, 2014
Case Laws Income Tax AT
Penalty u/s 271G – Failure to maintain documents and accounts being audited - AO should have initiated penalty proceedings u/s 271AA/271BA – the penalty levied u/s 271G set aside - AT
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